Which of the following laws stated that attempts to monopolize, conspiracies in restraint of trade, and conspiracies to monopolize were illegal?

A. The Federal Trade Commission Act
B. The Clayton Act
C. The Sherman Antitrust Act
D. All of the choices are correct.


C. The Sherman Antitrust Act

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

Available evidence about price adjustments across U.S. industries indicates that

A) prices are very sticky in all industries. B) prices are equally flexible in all industries. C) prices are very flexible in all industries. D) there is considerable variation in price flexibility across industries.

Economics

A bank can lend out its excess reserves but not its required reserves

a. True b. False Indicate whether the statement is true or false

Economics

A firm may benefit by paying workers ________ than the market clearing wage because the higher wages may lead to ________ worker morale.

A. less; declining B. more; improved C. less; improved D. more; declining

Economics